AfricInvest takes minority stake in HR group Arrow Holding
The deal supports Arrow’s digital transformation and expansion in Africa.
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AfricInvest has taken a significant minority stake in Arrow Holding, an HR technology and staffing group operating through several subsidiaries across Africa and the Middle East. The investment from AfricInvest Fund IV will support Arrow’s digital transformation strategy and accelerate its expansion within Africa’s growing staffing and outsourcing sector.
Established to address rising demand for workforce management solutions in emerging markets, Arrow has developed into a regional platform offering staffing, payroll, and workforce management services. Through its subsidiaries, the group delivers integrated HR solutions to multinational and government clients, combining local market knowledge with international standards.
Through the investment, AfricInvest will help strengthen Arrow’s technology infrastructure, including the launch of the Arrow AI Hub for digital HR services. It will also provide strategic and financial support for new acquisitions in Africa’s staffing market. The investment aligns with Arrow’s goal of building a pan-African HR and staffing platform that facilitates cross-border talent mobility and promotes compliant and decent work across the continent.
“This partnership marks a transformative milestone for Arrow Holding,” said Mohamed El Derwy founder and CEO of Arrow Holding. “Together with AfricInvest, we are accelerating digital HR innovation, empowering African and Middle Eastern talent, and setting new standards for ethical, technology-driven employment across emerging markets.”
“Arrow Holding is transforming how HR and staffing services are delivered across Africa. Combining technology, compliance and regional expertise, Arrow is creating a more connected and transparent employment ecosystem,” said Ismail Talbi, senior partner at AfricInvest. “We are proud to support this next phase of growth as Arrow scales its impact and drives the professionalisation of the HR industry across the African continent and beyond.”
This investment is the tenth transaction under Fund IV, AfricInvest’s flagship vehicle which is focused on mid-sized African businesses with strong regional growth potential.
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